CSIS Hails Public-Private Partnerships as "Game-Changing" Solution to Global Challenges
The Center for Strategic and International Studies (CSIS) released a new report entitled "Seizing the Opportunity in Public-Private Partnerships." The news was announced in a press release issued November 1.
According to the report, "Public private partnerships can be game-changing mechanisms for solving development problems....The CSIS report examines opportunities and challenges for using public-private partnerships in development, specifically through the lens of the State Department, the U.S. Agency for International Development, and the Millennium Challenge Corporation. Current concerns are how the U.S. government can improve its ability to partner with the private sector and how lessons for creating and maintaining relationships with the private sector can be institutionalized in order to be able to set up partnerships or projects that work to scale and then make them sustainable."
Click here to download the full report.
Also in support of public-private partnership, the Brookings Institution organized a high level panel discussion in November on "The Private Sector and Sustainable Development: Market Based Solutions for Addressing Global Challenges." A summary of the panel and audio replay is available via the Brookings Institution's website.
"Public private partnerships (PPPs) and Corporate Social Responsibility (CSR) are growing fields with various players from governments, multilateral organizations, NGOs, business, and academia engaging in more and more partnerships that are win-win, and ultimately serve to meet the needs of the underserved in the developing world," remarked David Greeley, FHI 360's Vice President for the Center for Private Sector Health Initiatives.
"While this is still a relatively new field, and modalities for effective partnerships are still being worked out, there is no question that that these partnerships are increasingly important, especially with the prospect of decreasing donor assistance and focus on sustainability. Companies, too, are more and more global in nature and are increasingly taking the triple bottom line more seriously. The most effective partnerships that business engages in to benefit the world's poor are those that are generated from and are part of its core business, rather than one off projects and programs."
Posted November 2011